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Rental Property Depreciation — Tax Deduction Guide 2026

Depreciate the cost of rental buildings over 27.5 years (residential) or 39 years (commercial).

$12,000
Avg Annual Savings
No Limit
Max Deduction
Above-the-Line
Deduction Type
Schedule E, Form 4562
Tax Forms

Eligibility

Rental property owners

Tax Savings Calculator

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Estimated Tax Savings

$1,100

At the 22% tax bracket, a $5,000 deduction saves you $1,100 in taxes.

Savings by Tax Bracket

10%
$5,455
12%
$6,545
22%
$12,000
24%
$13,091
32%
$17,455
35%
$19,091
37%
$20,182

Requirements

  • 127.5 years for residential
  • 239 years for commercial
  • 3Must be in service

Common Mistakes to Avoid

  • !Using wrong recovery period
  • !Not depreciating from placed-in-service date

Required Tax Forms

Schedule EForm 4562

Calculate Your Full Tax Savings

Use our free tax calculators to optimize your entire tax return.

Frequently Asked Questions

What is the Rental Property Depreciation?

Depreciate the cost of rental buildings over 27.5 years (residential) or 39 years (commercial).

Who is eligible for the Rental Property Depreciation?

Rental property owners

How much can I save with the Rental Property Depreciation?

The average tax savings is $12,000 per year. Your actual savings depend on your tax bracket and qualifying amount.

What forms do I need for the Rental Property Depreciation?

You'll need to file Schedule E and Form 4562 to claim this deduction.

What are common mistakes with the Rental Property Depreciation?

Common mistakes include: Using wrong recovery period; Not depreciating from placed-in-service date. Always double-check requirements before filing.

Is the Rental Property Depreciation worth claiming?

With average savings of $12,000, the rental property depreciation is highly valuable. Make sure you meet all eligibility requirements.